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FOX News
Dec 27, 2012 7:00pm PST
we go over the fiscal cliff there will be 1.2 trillion dollars in tax cuts over ten years which is $110 billion every year. so we go for the $110 billion for year one and what happens is next year congress decides to do what it wants anyway and scraps whatever plan it had in effect for the nine years anyway. so we pretend we have the big ten year plans but they never turn out to be ten year plans at all. >> that's true. but there is something looming in a month and a half and they will have to do something with the debt ceiling. whether debt ceiling should happen, whether or not we should even have something as the debt ceiling but we do and the democrats and the president have to do something about it. they know how strong it is. the republicans have a very, very powerful card to get what they want, which is basically a reduction in massive expenditures. we are up to $17 trillion in debt and something has to be done. and it has to be done quickly. and if it's not done properly, that's why i hate plan b and plan c and all of these minor plans, these little step plans. they should n
Search Results 0 to 1 of about 2 (some duplicates have been removed)